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HomeBuyCondominiumApartment2RMD09 - Orchard / River Valley2 Bed Apartment (Condo) for Sale in Martin No 38

2 Bed Apartment (Condo) for Sale in Martin No 38

38 Martin Road 239059, Institution Hill, Central Region, Singapore

$3,100,000

Added 6 months ago
ApartmentFor sale
Beds: 2Baths: 2Area: 1130 sqft
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+17View all

IMAGES GALLERY

Nearest MRT Station

Great World

Thomson-East Line TE15

walk•

Property Details

Property IDAr7jEQaKBNLbWsTcfQD3VX
PriceS$3,100,000
Property TypeApartment
StatusFor sale
Beds2
Baths2
Built Area1130 sqft
PSF
S$2,743
Year Built2012
Furnished StatusPartially furnished

Description

Development Information

District & Area

D09 - River Valley

Nearest MRT

Great World MRT · 7 min walk

Tenure

Freehold

TOP Date

1 January 2012

Project Size

Small (91 units)

91 units

Building Structure

1 Block

Developer

Sc Global Developments Ltd

Unit Configuration
Bedroom TypesNot available Bedroom
Development Facilities
GymLap PoolParkingSecurity
About This Development

Martin No 38 is a freehold Condo Apartment located in River Valley, District 9. Completed in 2012, it has a total of 1 blocks within the development and comprises a total of 91 units. It is within walking distance to MRT stations such as Great World MRT and Havelock MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Martin No 38 is also close to schools like River Valley Primary School, River Valley Primary School and ATennisUP(Professionals). If you're wondering about what you can do around the area, residents can head to nearby supermarkets like CS Fresh and I-Tec Supermart Pte Ltd for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Dental Clinic. Post box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - park, to enjoy some fresh air.

Loading Nearby Amenities...

Features & Amenities
Parking
Security
High ceiling
Gym
Bomb shelter
Lap pool
Balcony

Location

38 Martin Road 239059, Institution Hill, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

32

Average Price

S3.6M

Total Value

S114.4M

Sales Timeline

Calculating fair value from URA transaction data…

Ella Chang

Ella Chang

PROPNEX REALTY PTE. LTD.

License: L3008022J

Similar Properties

Market Price· Fairly priced

Home Report · AVM Fair Value

Automated Valuation based on 27 URA transactions · 2 outliers removed (IQR)

Fair Value

S$2.96M

S$2,618 psf

Asking Price

S$3.10M

S$2,743 psf

vs Market

+4.8%

Market Price

vs Last Done

+3.1%

Market Price

Tenure

Freehold

No lease decay

Confidence

High

27 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Fort Canning

672m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

27 comparable transactions

S$2,592

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,618

Recent Comparable Transactions

10 shown · 27 total
DateBlock / StreetAreaPricePSFTenure
Last DoneJun 2025

MARTIN ROAD

Floor 06-10

1,335sqftS$3,550,000
▲S$2,660
+1.6% vs FV
Freehold
Jun 2025

MARTIN ROAD

Floor 06-10

1,335sqftS$3,550,000
▲S$2,660
+1.6% vs FV
Freehold
Jun 2025

MARTIN ROAD

Floor 06-10

1,335sqftS$3,575,000
▲S$2,678
+2.3% vs FV
Freehold
May 2025

MARTIN ROAD

Floor 06-10

969sqftS$2,455,000
▼S$2,534
-3.2% vs FV
Freehold
Apr 2025

MARTIN ROAD

Floor 06-10

1,335sqftS$3,580,000
▲S$2,682
+2.4% vs FV
Freehold
Apr 2025

MARTIN ROAD

Floor 01-05

969sqftS$2,430,000
▼S$2,508
-4.2% vs FV
Freehold
Mar 2025

MARTIN ROAD

Floor 11-15

1,130sqftS$3,110,000
▲S$2,752
+5.1% vs FV
Freehold
Jan 2025

MARTIN ROAD

Floor 06-10

1,130sqftS$2,800,000
▼S$2,477
-5.4% vs FV
Freehold
Nov 2024

MARTIN ROAD

Floor 01-05

1,130sqftS$3,138,000
▲S$2,776
+6.0% vs FV
Freehold
Oct 2024

MARTIN ROAD

Floor 11-15

1,485sqftS$4,200,000
▲S$2,827
+8.0% vs FV
Freehold
Aug 2024

MARTIN ROAD

Floor 01-05

969sqftS$2,500,000
▼S$2,581
-1.4% vs FV
Freehold
Last Done

MARTIN ROAD

Jun 2025 · Floor 06-10

▲S$2,660 psf

+1.6% vs FV

1,335 sqftS$3,550,000Freehold

MARTIN ROAD

Jun 2025 · Floor 06-10

▲S$2,660 psf

+1.6% vs FV

1,335 sqftS$3,550,000Freehold

MARTIN ROAD

Jun 2025 · Floor 06-10

▲S$2,678 psf

+2.3% vs FV

1,335 sqftS$3,575,000Freehold

MARTIN ROAD

May 2025 · Floor 06-10

▼S$2,534 psf

-3.2% vs FV

969 sqftS$2,455,000Freehold

MARTIN ROAD

Apr 2025 · Floor 06-10

▲S$2,682 psf

+2.4% vs FV

1,335 sqftS$3,580,000Freehold

MARTIN ROAD

Apr 2025 · Floor 01-05

▼S$2,508 psf

-4.2% vs FV

969 sqftS$2,430,000Freehold

MARTIN ROAD

Mar 2025 · Floor 11-15

▲S$2,752 psf

+5.1% vs FV

1,130 sqftS$3,110,000Freehold

MARTIN ROAD

Jan 2025 · Floor 06-10

▼S$2,477 psf

-5.4% vs FV

1,130 sqftS$2,800,000Freehold

MARTIN ROAD

Nov 2024 · Floor 01-05

▲S$2,776 psf

+6.0% vs FV

1,130 sqftS$3,138,000Freehold

MARTIN ROAD

Oct 2024 · Floor 11-15

▲S$2,827 psf

+8.0% vs FV

1,485 sqftS$4,200,000Freehold

MARTIN ROAD

Aug 2024 · Floor 01-05

▼S$2,581 psf

-1.4% vs FV

969 sqftS$2,500,000Freehold
Below Fair Value
Above Fair Value
FV: S$2,618 psf

HELIOS AI Analysis

Based on 27 URA transactions (2 outliers removed), adjusted for: MRT Fort Canning 672m away (+1%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.